How interest rates could remain at emergency levels for a sustained period. KEY INSIGHTS Central banks are likely to remain cautious for some time, keeping the short end of developed government bond curves anchored. Longer-dated government bonds could face greater volatility
The world was quickly thrust into a health crisis and economic tailspin that neither individuals nor businesses saw coming. The stress has prompted talk of companies having to reduce or eliminate their dividend payments to preserve operating capital. Tony DeSpirito
Japan faces many headwinds as it battles COVID-19 alongside other challenges unique to itself. Bright spots can still be found, however, amid the economic storm. In this Q&A, the co-principal investment officers of the Capital Group Japan Equity strategy put
#25 + 26 This blogpost will cover the top five of the past two weeks. But first, let’s highlight a few webinars! Tuesday next week J.P. Morgan AM will host a mid-year outlook ‘How will the recovery take place?‘. The
BII Global weekly commentary We are warming up to European assets as the region steps up its policy response and demonstrates relative success in tamping virus growth. We are tracking the interplay of containment measures and mobility changes on activity
COVID-19 and the consequent market volatility have had a huge impact on the Japanese economy. How will the situation affect the Japanese equity markets in the years ahead? Equity portfolio manager Dickon Corrado shares his views on why Japan is
Uneasy Truce? Relations between the U.S. and China have quickly turned fragile again amid controversy surrounding the coronavirus and China’s political influence on Hong Kong. Recent turmoil has reignited tensions that markets had hoped were resolved following last year’s Phase
This week initially saw a reversal of fortunes, with risk markets rallying after last week. Equities were stronger and credit spreads a little tighter, though this mini rally tapered off …
Companies globally are slashing dividends as they face a combination of declining revenues and regulatory measures discouraging dividend payments. Not surprisingly, companies are now prioritizing liquidity and solvency over returning capital to shareholders. While dividends are being eliminated or suspended,
Equity markets experienced the sharpest drop since the global nancial crisis amid shuttered businesses, decimated consumer condence, and unprecedented uncertainties about the outlook. Markets were “disrupted but not derailed,” due to swift actions from governments and the major central banks,
With a combination of resurgent markets, seemingly ebullient retail investors and a bleak economic outlook, it may be prudent to tread carefully. It’s an old investment cliché that when your taxi driver starts giving you share tips, it’s time to
The Special Situations strategy went through a roller coaster since February. Typically, due to their long structural market beta, managers tend to underperform in risk-off episodes. However, as they also tend to look beyond short-term volatility, they usually rebound faster.
Perspectives Markets continue to focus on reopening plans and future growth We choose to remain cautious for now, though we believe that downside risks have become more limited We remain constructive on the medium term and look to build positions
De luchtvaartindustrie zit in zwaar weer, en ja dit komt ook weer door het coronavirus. Minder mensen kunnen/mogen vliegen, vakantie nemen kan beperkt en onder strikte voorwaarden (en op eigen risico) en vliegen voor werk zit er voorlopig niet in.
Point of View Companies globally are slashing dividend payments as they face a combination of declining revenues and regulatory measures discouraging dividend payments. Not surprisingly, companies are now prioritizing …
Many corporate dividends are at risk for political, social and economic reasons. However, certain companies within industries such as consumer staples, pharmaceuticals, technology and utilities may offer greater dividend safety relative to companies in other industries Despite near-term risks, dividends
From lighter, longer-lasting batteries to a new breed of semiconductors, there are a host of investible technologies powering the electric car revolution.
The dichotomy between the false market tranquillity and the high level of uncertainty about the length of the crisis and its long-term implications is striking. In our view, we are far from being out of the woods and investors should
Webinar – Is the sun rising for Japan Equities? COVID and market volatility have had a huge impact on the Japan economy and equity markets. Despite the recent events there will be long-term investment opportunities for investors with feet on
Optimism about the gradual reopening of the global economy seemed to be the primary driver of sentiment last week. As restrictions on public gatherings continued …
In the wake of first-quarter reporting season, the consensus is probably still too optimistic At -12% for the S&P 500 in the US and -35% for the Stoxx 600 in Europe, firstquarter results were hit hard by the pandemic, even
Market Flash The week start got off to a strong start thanks to two positive developments. Angela Merkel and Emmanuel Macron announced a plan to boost the European budget by €500bn to help countries and sectors which had been the
Almost no pandemic impact on Q1 dividends, which rose 3.6% to a Q1 record of $275.4bn Underlying growth was 4.3%, in line with our forecast • Canada and US broke all-time quarterly records Q1 seasonally skewed to North America, so
Key points Emerging markets are not homogenous. Taking a bottom-up, idiosyncratic approach can help identify investment opportunities regardless of where companies are based or macroeconomic conditions. In times of heightened volatility, a patient approach and an extended time horizon can
Global Market Outlook Volatility illustrates value of diversified allocations As of 27 February, global equities were down -7.5% since the start of 2020 while Corporate and EM bonds returned 1.1% and 1.7% respectively, as lower US Treasury yields led prices
"Our midyear #outlook" -> https://www.opiniopro.com/2020/07/blackrock/our-midyear-outlook/
"Monthly Must-Reads" -> https://www.opiniopro.com/2020/07/opiniopro-selection/monthly-must-reads/
"Road to Recovery" -> https://www.opiniopro.com/2020/07/opiniopro-selection/road-to-recovery/ #recovery #credit #monetarystimulus #spreads
"Investment Strategy Commentary: Will the V Become a W?" -> https://www.opiniopro.com/2020/07/northern-trust/investment-strategy-commentary-will-the-v-become-a-w/
